>>20136662>default>inflationGovernments always choose inflation.
I wonder what could have compelled the high priests at BOJ to stop intervening against yen. Maybe this time they truly ran out of things with which to kick down the can? We have been doing that since the 70s so...
Honestly I have no idea how is it possible for a central bank to start buying government bonds and everyone just keeps playing along with it, economy going on etc.